Bridge Loan House Purchase

Trustscore 4.8

134 reviews

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Set-up fee from 0.79%
Loans up to 12 months
Funding up to $8M
LVR up to 80%

Why Bridgit

24 hour approval

Progress quickly and buy with confidence. We will come back to you regarding an approval offer in under 24 hours.

No monthly repayments

Avoid the added stress of monthly fees. Repay your loan in one sum after the sale of your existing property.

No missed opportunities

Don't miss out because of slow processes, unlock your property equity in 24 hours.

The Bridgit Solution

At Bridgit, we’re all about helping Aussie homeowners unlock their property wealth. With our specialist bridging loan solution, you can unlock your property equity before you have sold your existing property. We can help you with:

  • Downsizing
  • Upsizing
  • Investing
  • Retirement living
  • Delayed settlements
  • Cosmetic renovations
  • Financial consolidation
  • Marital separation
Learn more
The Bridgit Loan Calculator

Buy now, sell later

$
$
$
$
Buy new property
(less contribution)
$800,000
Existing
mortgage
$500,000
Sell existing
property
$2,000,000
Your estimated loan calculation
Estimated principal amount
$1,300,000
Your cash after sale
$700,000
Estimated principal amount
$1,300,000
(LVR 43%)
Based on the information provided your Loan to Value Ratio (LVR) may be too high. To help you we require some additional information; feel free to get a quote or schedule a call with our team.

Please submit an application or quote to receive a detailed breakdown of your loan amount.

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Set-up fee from 0.79%
Loans up to 12 months
Funding up to $8M
LVR up to 80%

Simple process, faster approval

Apply online in under 5 minutes and get 24 hour approval. Don’t miss the opportunity to buy your dream home today.

Apply now

Headache free,
stress free

No monthly repayments and up to a 12 month loan term, giving you plenty of time to sell your existing property.

Learn more

Expert support,
Aussie based

Our specialist team is here to support you every step of the way.

About us
Want to know more? Bridgit FAQs

Trusted by customers
who Bridgit

Customer Service at its best.

Everyone I dealt with at Bridgit was helpful and responsive. Candice (BDM) checked in with me regularly to make sure everything was going smoothly and Andrew kept me in the loop. I recommend Bridgit highly.
- Sue Farnham

Get 24 hour approval with Bridgit

01

Submit application

Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.

02

Accept the offer

Accept your loan offer by making a small upfront deposit and progress your application to the next stage.

03

Purchase your property

Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.

*Subject to the loan scenario and outgoing lender processes onrefinance (if applicable).

04

Sell

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.

Bridge Loan House Purchase

Imagine this: you're scrolling through property listings, and a house catches your eye; upon closer inspection, you realise that this house has everything that you're looking for - it's the perfect dream home. There are many traditional financing options available to you, but you don't want to wait for their slow approval before you can buy this house. So you begin searching 'Bridge Loan House Purchase' online to find what you need to do to secure your dream home as soon as possible - bridging loans. However, with traditional financial institutions, it would still take weeks to secure settlement, and you're worried that by then, you might have missed the opportunity to buy your dream home. This scenario happens all too often; the requirements and policies of conventional lending fail to consider the unique and fast-paced needs of potential borrowers. However, instead of frantically searching for 'Bridge Lender' online looking for some kind of way to secure faster-bridging loans, look no further than Bridgit. As a non-bank lender, we provide our customers with modern, digital financing solutions to allow them to take the next step in their lives without the hassle of traditional lending methods.

Consider your days of endlessly scrolling through results for 'Bridge Loan House Purchase' over. Our range of available fast bridging loan products is sure to include something to suit your needs, no matter what your concerns about 'Bridge Loan For House' or 'Bridge Loan From Parents' may be. Whether you're looking to save on overhead and move into a smaller property with the help of a downsizer bridging loan, or if you need extra room to set up a home gym using an upsizer bridging loan, then Bridgit is here to help. Most conventional lending policies at banks and other institutions exclude anyone who struggles to provide traditional documents such as PAYG payslips or other standard income verification, but here at Bridgit, our low doc bridging loan option welcomes alternative forms of documentation. You can skip the transition period between living with a friend or in a motel while you wait for financing for your new home. You can move in immediately and put your time and energy into more important things like getting a good deal on the sale of your old place. Your previous mortgage payments will also be covered by the loan agreement, so you won't have to worry about that.

If you could use some help in your search for 'Financing A Second Property' or 'Bridging Finance Company', Bridgit's here to lend a hand. The loans we offer range from $300,000 to $8,000,000. You only have to worry about paying the total amount of the loan at the end of your term, and there are no other hidden costs involved. Our process is quick and easy. Just fill out the form on our website. Within 24 hours, you'll hear back from us regarding your approval and the amount you are eligible to borrow. If you accept the conditions of the loan, just pay a small deposit to move forward. Our experts will value your property and verify all the necessary details, and then all you have to do is digitally sign the documents and wait a few days to reach settlement. Then, you can be on your merry way to the house of your dreams. We also have a fantastic customer service team who can answer any questions you may have about 'bridge loan' and 'bridging finance rate'. Unlock your home's equity and use it to buy a new home today with Bridgit.

A woman wearing headphones and a black shirt.

Aussie based crew

We’re here to help, if you have any questions get in touch.

Weekdays 9am – 5:30pm

1300 141 161

Disclaimer

Eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply.

^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates. Comparison rates for interest only loans will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Bridging Loan set up fee is from 0.79% and government charges apply.